https://www.taxtmi.com/circulars?id=62593 Revises position limits for cash settled Interest Rate Derivatives, equating banks and Primary Dealers acting as clients with Trading Members and aligning institutional FPIs (excluding individuals, family offices and companies) with Trading Members while non institutional Category II FPIs follow client limits. Specifies higher ceilings for the 8-11 year maturity bucket than for the 4-8 and 11-15 year buckets, with separate caps for Trading Members and large institutional participants versus non institutional clients and scheme level mutual funds. Effective immediately under SEBI's regulatory powers. en-us Thu, 26 Sep 2019 00:00:00 +0530 Fri, 27 Sep 2019 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62593 Revises position limits for cash settled Interest Rate Derivatives, equating banks and Primary Dealers acting as clients with Trading Members and aligning institutional FPIs (excluding individuals, family offices and companies) with Trading Members while non institutional Category II FPIs follow client limits. Specifies higher ceilings for the 8-11 year maturity bucket than for the 4-8 and 11-15 year buckets, with separate caps for Trading Members and large institutional participants versus non institutional clients and scheme level mutual funds. Effective immediately under SEBI's regulatory powers. Circulars SEBI Thu, 26 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62593